IM Naiman Jing’an: 18 NPI EFs to Come on Line in Mid-2021
15/01/21 | Nickel
Tengxun News IM Naiman Jing’an Nonferrous Metal Co. Ltd.’s brought its 1.29 mtpy stainless steel project online 27th November 2020. Before that, six of a total 18 x 33,000 kVA NPI EFs were ready to come online in 2020. Construction of the remaining 12 NPI production lines is complete, and…
China Produces 37.3 kt of NPI in December 2020
12/01/21 | Nickel
Shanghai Nonferrous Metals News SMM: China produced 37.3 kt of NPI (in Ni metal) in December 2020, down 12.5% m-o-m. A large high-NPI smelter in eastern China cut operations by 50% in December, while other smelters cut or suspended operations amid tightening raw material supply. A glut in NPI supply…
Large Jiangsu NPI Smelter Cuts Operations on Tight Electricity Supply
18/12/20 | Nickel
My Steel News A large Jiangsu NPI smelter has cut operations by running for only 16~20 hours per day due to the recent power supply restrictions. Consequently, the company’s December output is expected to drop by 15~20% m-o-m. During the first eleven months of 2020, the company typically ran at…
Ni Laterite Prices to Fall Further
30/11/20 | Nickel
Shanghai Nonferrous Metals News NPI prices have continued to fall, leading most domestic NPI smelters into loss. Most domestic NPI smelters are currently inclined to cut operations and reduce nickel laterite prices further. As of today, some Philippine nickel laterite (1.3% Ni grade) deals had been concluded at USD51/t (WMT),…
Qingdao Zhongcheng: 260 ktpy NPI RKEF Project in Indonesia
27/11/20 | Nickel
Shanghai Nonferrous Metals News SMM: Qingdao Zhongcheng Group has settled a contract for a 260 ktpy NPI (RKEF) project development in Indonesia. The project involves 4 EFs (RKEF), with total NPI capacity of 260 ktpy (11.5% Ni content). The project is located in Bungku Pesir, Morowali county, Kendali City, Sulawesi…
China Imports 5.1 mln t of Ni Laterite in October
26/11/20 | Nickel
Shanghai Nonferrous Metals News China Customs: China imported 5.1 mln t of nickel laterite in October (DMT and WMT combined), down 17.9% m-o-m and down 25.6% y-o-y. Of the total, 4.59 mln t was from the Philippines, down 16.3% m-o-m but up 35.96% y-o-y. Source
SMM: China October Domestic NPI Output of 43.7 kt
11/11/20 | Nickel
Shanghai Nonferrous Metals News China produced 43.7 kt of NPI (in Ni metal) in October 2020, down 5.2% m-o-m. Of this figure, high-NPI output was 35.9 kt, down 6.9% m-o-m; and low NPI output was 7.7 kt, up 3.87% m-o-m. The decline in high-NPI output can be attributed to relatively…
China Imports 6.21 mln t of Ni Laterite in September
28/10/20 | Nickel
PPI Business News China Customs: China imported 6.21 mln t of nickel laterite in September, up by 2.46 mln t on-month but down by 880.5 kt on-year. China imported 27.26 mln t of nickel laterite during the first three quarters of 2020, down 29.95% y-o-y. Of this figure, 3.04 mln…
Winter Production Cut Policy: Limited Impact on Ni
19/10/20 | Nickel
Shanghai Nonferrous Metals News SMM: The winter production policy in the Yangtze River Delta and Northern China has limited impact on the nickel industry overall, with almost no impact on the supply side. NPI smelters in eastern China may see a moderate increase in transportation costs. Some small-medium alloy-casting producers…
